Trump and Small Businesses: They Went for Him Bigly. Now What?

Jack Yoest, clinical assistant professor of management at The Catholic University of America in Washington, D.C. and an expert on business policy affairs, added, “The President-elect made job creation a centerpiece of his campaign. Trump knows that some two-thirds of all new jobs are created by small businesses — and that burdensome regulations slow growth.”

Yoest added that business owners know that time is the most valuable commodity they have. “Compliance drains the owners’ limited management attention,” he added. “For example, Obamacare forces the owners to manage the number of employees — to keep the head count under 50 — rather than manage the business.” Yoest noted that President-elect Trump made a campaign promise to ask Congress to repeal and replace Obamacare.